When it comes to location, the highest average paycheck (around $120K annually) can be spotted in Orlando, Fla.; Lafayette, La. (approximately $89K), Naples, Fla. ($81K), and Baton Rouge, La. (about $58K) are the next top-paying cities. On the lower end is Birmingham, Ala. at $39K. The highest pay by state can be found in Arkansas, where salaries average out at $79K per year.
The highest average salaries go to VPs of Commercial Lending, who bring in close to about $122K annually, though Business Bankers are not far behind at $90K along with Banking Branch Managers ($52K) and Underwriters ($48K). With salaries averaging approximately $42K, Assistant Branch Managers of Banking are among the lowest paid at IBERIABANK.
Years of Experience
Workers who have been with the company for more than one year but less than five can make around $47K per year on average. When we consider tenure, a substantial portion of employees (34 percent) have been working for five to nine years and make approximately $72K annually on average.
Certifications and Degrees
Monetary compensation comes to $42K per year for Nationwide Mortgage Licensing System & Registry Certifications, far surpassing the earnings of non-credentialed workers. IBERIABANK workers who hold a B.A. in Bachelor of Arts (BA) are also well compensated, earning around $140K on average.
The highest-paying skill in this position seems to be Business Development; individuals who report it as part of the repertoire have a median income of $84K annually. Financial Analysis also popped up often in the survey as an important skill; just under one in three of employees surveyed report using it at work. Customer Service, Loan Underwriting, and Sales are also desirable skills.
Benefits and Perks
Company compensation for vacation days and sick leave is awarded to only one in four respondents. Almost all employees participate in a 401(k) program. Health insurance is part of the package for almost all workers, and for most employees, dental coverage is too. Some other advantages of working at IBERIABANK are life insurance, a subsidized cell phone, stock options, and a casual working environment.